Brimore raises $800,000 from equity funders led by Algebra Ventures

Brimore, an Egyptian company has raised $800,000 in seed funding from investors led by Algebra Ventures with participating investors such as 500 Startups, Endure Capital and Flat6Labs among others. Brimore is an end-to-end distribution technology based platform for manufacturers to list their products so a network of individuals can sell them while Brimore delivers the product to the buyer. Brimore therefore helps manufacturers sell their products directly to consumers through its network of sales agents. The company was established in 2017 by Mohamed Abdulaziz, Ahmed Sheikha, and Mahmoud Refaay. The funding will be used to expand the company’s operations and reach a larger market within Cairo, Egypt.

 

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